Total monthly cost of ownership
Cost to Own a Home in Cavalier, North Dakota
A $156,000 home here costs
$1,298per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $802. The real number is $496 higher every month — 62% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Cavalier against Pembina County and North Dakota
| Measure | Cavalier | Pembina County |
|---|---|---|
| Median home value | $155,500 | $116,600 |
| Median property tax | $1,296 | $1,165 |
| Effective tax rate | 0.833% | 0.999% |
| Median gross rent | $829 | $692 |
| Population | 1,304 | 6,787 |
The weather behind that power bill
Cavalier sits in Pembina County, which averages a high of 77.5°F in its hottest month and a low of -4.3°F in its coldest, with 20.02" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 273 cooling and 10,022 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Pembina County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pembina County
No other places of this size are published in Pembina County.
Full Pembina County cost breakdown · Every county in North Dakota
Common questions
How much does it cost to own a home in Cavalier?
A $156,000 home in Cavalier, North Dakota costs approximately $1,298 per month with 20% down at 6.66%. That is $802 principal and interest, $108 property tax, $67 homeowners insurance, $190 utilities and $130 set aside for maintenance.
What is the property tax rate in Cavalier?
Cavalier has an effective property tax rate of 0.833%, based on a median home value of $155,500 and median real estate taxes of $1,296. That is lower than the Pembina County average of 0.999%.
What is the average home price in Cavalier?
The median owner-occupied home value in Cavalier, North Dakota is $155,500, against $116,600 across Pembina County.
Is it cheaper to rent or buy in Cavalier?
Median gross rent in Cavalier is $829 a month, against $1,298 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cavalier — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Dakota.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.